The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) today imposed sanctions on three entities and identified as blocked property three vessels that used Price Cap Coalition service providers
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) is imposing sanctions on two entities and identifying as blocked property two vessels involved in carrying Russian crude oil above
As the European Union steps up its support for Ukraine, the Russian Maritime Register of Shipping has been added to the list of state-owned enterprises subject to EU sanctions imposed in response
By Manuel Levitt, senior associate, of Miller & Chevalier The global maritime shipping sector continues to feel the geopolitical shock waves from the unrest and violent conflicts in Ukraine and the Middle
Ukraine has followed up on its drone strike on a Russian Navy warship with a drone strike, Saturday, on a sanctioned Russian tanker, the Sig. Interfax Ukraine quotes sources in the Security
Back in April last year, U.S. and Spanish authorities seized the $90 million yacht Tango owned by sanctioned Russian oligarch Viktor Vekselberg. On Friday, indictments were unsealed in the U.S. District Court
In his latest weekly Tanker Opinion, Erik Broekhuizen, head of tanker research at New York headquartered Poten & Partners, says that, while Russian oil exports have thus far only been impacted by
A large part of the world’s ship chartering and sale & purchase business is negotiated at some stage by members of the London-based Baltic Exchange, the world’s oldest shipping market. Today, the
Spain’s Guardia Civil today executed a Spanish court order freezing the motor yacht Tango, a 255-foot luxury yacht owned by sanctioned Russian oligarch Viktor Vekselberg. The Tango (IMO number 10107030 is believed to be worth approximately
The U.S. Treasury’s Office of Foreign Asset Controls (OFAC) has issued an extensive list of Russian entities and individuals subject to economic sanctions imposed in response to Russian actions in Ukraine. Among
